From an order-flow perspective:
$CAP surged +10.59% in just 15 minutes, with the current price at 0.09153 and 24-hour trading volume at $80.03 million.
Breaking down the money flow:
· The gains were concentrated in a short 15-minute period, suggesting aggressive buying was highly concentrated
· The 24-hour change was also +25.01%, showing the money flow is moving in the same direction
· Next, watch to see whether aggressive buy orders keep up; if they don't, the gains could easily be given back
Which side are you on?
Don't use this as a basis for trading decisions.
$CAP surged +10.59% in just 15 minutes, with the current price at 0.09153 and 24-hour trading volume at $80.03 million.
Breaking down the money flow:
· The gains were concentrated in a short 15-minute period, suggesting aggressive buying was highly concentrated
· The 24-hour change was also +25.01%, showing the money flow is moving in the same direction
· Next, watch to see whether aggressive buy orders keep up; if they don't, the gains could easily be given back
Which side are you on?
Don't use this as a basis for trading decisions.